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Individual

0x49...349C
www.optimismprime.io

I'm leading the Optimism Prime project and building DeFi tools for the community

Appears in
4 ballots

Contribution

In late 2021, the Optimism Prime project has been abandoned by its original team. OPP was the first meme token listed on Velodrome and the project was baked by a good veVELO position accumulated thanks to its community. I've took the lead of the project so it can survive, with the goal of contributing to the whole Optimism ecosystem as a community project. In that context, I've started working on the Autobribes protocol. It's goal is to act as liquidity incentivization layer that supports Velodrome by locking tokens instead of dumping. Users stake their LP on Autobribes and are rewarded with "real yield", while Autobribes farm and lock VELO. The real yield is obtained from bribe chasing. Two instances have been deployed on Optimism: the "Reliquary Prime", and "Autobribes for Velodrome".

Contribution links

    world

    This article explains the Reliquary Prime: the first instance of Autobribes

    world

    This article explains Autobribes as a general ve(3,3) layer 2 protocol

    world

    Frontend for Autobribes for Velodrome

    world

    Frontend for the Reliquary Prime

    codeBracketSquare

    Reliquary Prime contract

    codeBracketSquare

    Autobribes for Velodrome contract

Impact

While Autobribes still has a low TVL, I'm convinced it can bring new liquidity providers to Velodrome which is the leading DEX of Optimism. Many retail liquidity providers are interested in being paid with real yield instead of farm & dump. Autobribes offer this service while contributing to the Velodrome ecosystem. On the developer ecosystem side, I've forked and improved the "Reliquary system" from byte masons. This is a staking smart contract that rewards long term participants. By integrating the Reliquary with Velodrome, I've contributed to bring a new DeFi primitive that can be used as a layer on top of any ve(3,3) DEX.

Impact Metrics

  • Reliquary Prime TVL
    13K
  • Autobribes for Velodrome TVL
    3.3K
  • Funding sources

    No funding sources provided